Gold futures close higher to recoup part of recent loss

SAN FRANCISCO (MarketWatch) -- June gold rose $2.70 to close at $662.60 an ounce Wednesday, recouping part of Tuesday's loss of $3.90. "Although far from being out of the woods, gold enjoyed a more constructive mid-week session as light buying emerged on the back of a marginally declining U.S. dollar against the euro," said Jon Nadler, metals analyst at Kitco Bullion Dealers. July silver also climbed 11.5 cents to close at $13.105.

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